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20121104
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's approval rating never recovered once he started tanking after his mr. salmond of hurricane katrina. so this is a big risk i think the president obama. he had to show that he was a leader, minimize any damage, look like he's engaged, and by the way, there's no -- how does he do that? he flew back from florida, state of the white house. he was on the phone with governors and mayors all up and down at eastern seaboard all day, monday and tuesday. chris christie, the governor of new jersey to his state was hardest hit by hurricane sandy has made some very favorable comments, a republican who spent a lot of time bashing obama, over the last couple of months, made some really favorable comments about the president. said he deserves a lot of credit for the storm handle but here's a moment in which the president can you show great leadership and an opportunity to sort of demonstrate the power of the white house and the power of incumbency, or he can screw it up and botch everything and end up losing reelection probably because of it. i think he's probably tilting towards the leadership side no
talking about the levees in new orleans today without every mentioning hurricane katrina. no one would do it. it is nonsensical. in fact there is usually so little context provided about dodd-frank that you would think that it was the product of a immaculate conception. there was no antecedent event that is amazing. that's why when opponents talk about growth rates, what was the date he started with? 2010. nothing happened before that. it is inexplicable, right? so of course, while not often mentioned the dodd-frank act was passed because of the 2008-2009 financial crisis which was the worst financial crisis since the great crash of 1929 and it delivered is the worst economy since the great depression of the '30s. how come it is so rarely mentioned? because the financial industry, its lawyers, lobbyists, allies and the broader influence industry that it has purchased has been wildly successful in changing the subject and the debate from the financial crisis, wall street's role in it, and the cost to the country. two, drum roll, the financial reform law, regulations implementing it and the
think it will only be second to katrina. there will be tens of billions of dollars. we are doing a continual resolution until april 1. whether or not that will be enough remains to be seen. every time there's a disaster on the west coast, an earthquake, a flood and the mississippi, a tornado, we pull together as congress, republicans and democrats and do what has to be done. i do not expect new jersey will be treated any differently. i know my colleagues in surrounding states, especially in new york and new england states were very hard hit. i have been in contact with republicans and democrats. i think we are going to join together and do what is necessary. we do not know what those numbers are. i think it is premature to speculate too much. we are like the center for strategic and international studies for a look at global health, the military and national security. this discussion just getting underway. >> -- global health, and i think i came to experience it when i was in the department, and it's something that every four-star general and flag officer in the department can at
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